DigitalOcean Sailing with $3.2M

August 09, 2013

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DigitalOcean, provider of a cloud hosting service, has raised $3.2 million in funding led by IA Ventures, with CrunchFund and TechStars participating. The company will use the funds to build out its global infrastructure and to grow its engineering and marketing teams. In addition, the funds will allow for expanding server capacity, adding new domestic and international locations, and rolling out new features.